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Gold Technical Analysis The price dropped and reached our targets 2623 and 2613 and reversed quickly, as we mentioned yesterday, Today also has a bearish momentum as long as trades below 2653 will drop to get 2623 and 2612, below 2612 will touch 2585, and we have the retest possibility to 2653. To be a bullish trend till 2661 and 2678, the 4h candle should be...

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Technical Analysis The price has reached a new all-time high (ATH) and is now advancing toward the 45,200 level. Currently, a corrective move toward 44,920 is underway, and a sustained position above this level is expected to propel the price further toward 45,200. For a bearish scenario to materialize, the price must close a 4-hour candle below 44,750, which...

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S&P 500 Technical Analysis The price dropped from its ATH located at 6099, and still running to get 6058, then should break that by closing 4h or 1h candle below it, to be a more bearish trend toward 6022 and 5972. The bullish scenario will be solid if can break 6100. Key Levels: Pivot Point: 6076 Resistance Levels: 6100, 6143, 6185 Support Levels: 6058, 6022, 5971

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Technical Analysis The price reversed from its ATH, which is 21530, and now has a bearish momentum due to the high pressure from NFP and Unemployment rata reports, So as long as trades below 21465 and 21530, there will be a bearish trend to touch 21290 and 21220. To be bullish till 21670, should close at least 1h candle above 21530 Key Levels: Pivot Point:...

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Gold Technical Analysis The price is consolidating between 2637 and 2653, with stability above 2653 which is bullish toward 2661 and 2678, Otherwise, as long as trades below 2653 will trade at the bearish area, closing 1h or 4h candle below 2637 will support bearish toward 2624 Key Levels: Pivot Point: 2653 Resistance Levels: 2661, 2678, 2706 Support Levels:...

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The BTC/USD chart shows a strong upward trend, approaching a significant resistance zone. Key levels to note include: 1. Resistance Zone (Green Area): Around 73,814, BTC is nearing a strong resistance area. Breaking above this could lead to a new all-time high (ATH) with potential targets of 90,000 and 100,000 USD per BTC. This suggests strong upward momentum...

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S&P 500 Technical Analysis The S&P 500 has soared to its 56th record high of 2024, closing at an impressive 6,070! The index's relentless rally shows no signs of slowing, marking yet another historic milestone as anticipated in our previous analysis. At present, the market exhibits strong bullish momentum, pointing toward a potential move to a significant...

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Gold Technical Analysis The price recently tested resistance at 2651 before retreating. Today, the price is expected to consolidate within the range of 2647 to 2638, showing bearish momentum. For the bullish trend to resume, the price must stabilize above 2647 by closing 4h candle above it, targeting 2661 as the next resistance. Conversely, as long as the price...

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Technical Analysis The price was about to record a new ATH around 45200 before any dropping. It now shows a bullish volume, with potential targets at 45200 and 44,520. Bullish Scenario: As long as the price trades above 44930 and 44750, the bullish trend will continue toward 45200 and 45500 Bearish Scenario: The price must stabilize under 44750, confirmed by a...

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Technical Analysis The price has successfully reached a historic all-time high (ATH) at 21,370 and continues to gain momentum, targeting the next resistance at 21,590. As long as the price remains above 21,290, the bullish trend is expected to persist, with upward targets set at 21,590. However, a bearish correction toward the 21,290 or 21,220 levels is also...

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Gold Technical Analysis The price is consolidating between 2637 and 2649, with stability above 2649 which is bullish toward 2661 and 2678, Otherwise closing 1h or 4h candle below 2637 will support bearish toward 2624 Key Levels: Pivot Point: 2637 Resistance Levels: 2649, 2661, 2678 Support Levels: 2625, 2612, 2585 Trend Outlook Uptrend: Bullish momentum is...

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S&P 500 Technical Analysis The S&P 500 reached another All-Time High (ATH) in December, signaling a continuation of its bullish trend and the potential for further historical gains. Currently, the price is consolidating within the range of 6068 and 6022, awaiting a breakout. Overall, the bullish trend remains strong, with the next key target at 6143. However, a...

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Technical Analysis The price surged approximately 320 pip, as anticipated in our previous analysis. Today, maintaining stability above the All-Time High (ATH) is crucial to achieving further gains, with the next target at 21,360. A confirmed 1-hour or 4-hour candle close above 21,215 would likely drive the price toward 21,360 and further to 21,500. Conversely,...

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Technically: The price experienced upward momentum on Friday and maintains its bullish trajectory, with stability observed above the critical level of 20,860. Bearish Scenario: A sustained break below 20,860 could trigger further declines, with potential targets at 20,730 and 20,600. Bullish Scenario: As long as the price remains above 20,860, the bullish...

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Gold Technical Analysis The price action indicates a continuation of the bullish trend following a retracement from the key support level at 2622. As long as the price remains above 2638 and 2622, the bullish outlook prevails, with potential targets at 2661 and 2678. For a bearish reversal, the price would need to stabilize below 2638, which could lead to a...

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US30 Analysis: Key Levels and Potential Scenarios The US30 (Dow Jones Index) has been navigating near significant levels after a strong bullish breakout, marked by a breakaway gap and a test of its previous All-Time High (ATH) at 45,097. As the price consolidates, traders are closely watching for signs of either a bullish continuation or a bearish correction....

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China Discovers $83 Billion Gold Reserves in Hunan China has uncovered gold reserves valued at approximately $82.9 billion (600 billion yuan) in Hunan province, according to state media Xinhua. This discovery solidifies China’s position as the world’s largest gold producer, contributing roughly 10% to global output in 2023. The reserves, located in Pingjiang...

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Key Observations 1. Resistance and Pivot Zone: - The price recently tested the $99,800 level, marking a new All-Time High (ATH) in November 2024. - The pivot zone near $92,800–$93,000 appears critical. A daily close below $92,800 could trigger a strong bearish move. 2. Bearish Scenario: - If the price closes below $92,800, a significant drop toward...